article thumbnail

Instructure Acquires MasteryConnect for $42.5 Million to Expand K-12 Footprint

Edsurge

With the addition of MasteryConnect’s formative assessment tools, Instructure aims to capitalize on what it sees as a “shift occurring at the state level as they replace high-stakes, end-of-year testing with innovative assessment models,” according to a prepared statement. K-12 market for classroom assessment tools is expected to reach $1.7

LMS 112
article thumbnail

MasteryConnect Cuts 30 Percent of Staff, Brings Co-Founder Mick Hewitt Back as CEO

Edsurge

Back in the driver’s seat is Mick Hewitt, who co-founded the company in 2009 and served as its first CEO. MasteryConnect aims to help teachers plan lessons and track how students perform against academic standards. Another tool was a traditional online gradebook. Product lines had expanded as well.

EdTech 114
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Trouble With the Curve: Estimating the Size and Growth Rates of K-12 Markets

Edsurge

For example, specific policies regarding academic standards, testing requirements, and charter school authorization caps can give rise to specific types of products. To illustrate this dynamic, consider the market for teacher evaluation tools. Common Core, Next Generation Science Standards, etc.). K-12 landscape.

article thumbnail

In Successful Edtech, Pedagogy Comes First—Devices Second

Digital Promise

These tools help us identify and then address -- through intervention or enrichment -- individual students' needs around each of the major academic standards. Venture funding in the edtech sector has increased from $385 million in 2009 to an expected $2 billion this year. blended learning).

EdTech 120